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BOEING CO
(BA-NYSE):
Technical Viewpoint: From a low
of $54.00 on Oct 12, 2000 prices
rallied, reaching a
high of $67 7/8
on Oct 31, 2000. A
decline saw prices pull back, reaching a
low of
$61.94 on Nov 13, 2000.
Another rally saw prices penetrate
resistance, closing 11/21/00
at $68 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 21, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $65. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 14, 2000. A P&F upside
reversal takes place at $66 3/4. Summary: Technical indicators have turned bullish. BUY! BOEING CO
(BA-NYSE) @ $69 5/8 Stop: Use a protective stop of $66 7/8.
BOEING CO is currently trading @ $68 5/8 plus $3.07 on Nov 21, 2000. Price Objective:
$87 1/2. Risk/Reward: $2 3/4 VS. $17 7/8. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$87 1/2
Risk/Reward:
$2 3/4 VS. $17 7/8
Risk/Reward Ratio:
6:1
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